20200 Lassen St Chatsworth, CA 91311
Exceptional multi-unit residential income property with strong cash flow.
Property Features for 20200 Lassen St
General Information
- Standard status
- Active
Building Details
- Year built
- 1958
Source:
Corcoran
Listing Agency: LPT REALTY, INC Listing Agent: Carol Oliva
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
High-Performing Residential Income Property
This multi-unit residential income property presents a rare investment opportunity, offering strong in-place cash flow with significant upside potential. It is ideally suited for investors or an owner-occupant looking to offset mortgage costs with rental income. The property consists of multiple units: a main residence with 4 beds and 3 baths, an ADU with 3 beds and 3 baths, an SB unit with 3 beds and 3 baths, a Jr. ADU, and a studio unit. The total monthly rental income is $15,300, resulting in an annual gross income of $183,600. The property offers flexibility for owner-occupancy, repositioning, or value-add strategies. All tenants are long-term occupants. This property combines residential living with income production, making it suitable for both seasoned investors and buyers entering multi-unit ownership. It is centrally located near employment centers, transportation, and local amenities. The main property has leased solar panels with payments of approximately $191 per month, which the buyer will assume.
Location Intelligence
Current Use by Public Records
Multifamily properties
Location Insight
- Map
- Local Demand
- City
- Chatsworth
- County
- Los Angeles
- State
- California
- Longitude
- -118.5729485
- Latitude
- 34.249846
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Exceptional multi-unit residential income property with strong cash flow.
Where is this multifamily property located?
The property is located at 20200 Lassen St Chatsworth, CA.
What is the asking price?
The asking price for this property is $1,899,999.
What are key features of this property?
This property features: - High-performing investment property with strong in-place cash flow and upside potential.; - Significant rental income: $15,300/month total, $183,600 annual gross income.; - Multiple units: Main residence (4 bed/3 bath), ADU (3 bed/3 bath), SB Unit (3 bed/3 bath), Jr. ADU, and Studio Unit.
